The forecast data for the re-import of prepared or preserved shelled beans to Canada from 2024 to 2028 shows a steady decline. In 2024, the expected volume is 2.43 thousand kilograms, decreasing to 1.19 thousand kilograms by 2028. Year-on-year variations suggest a consistent downward trend, with a decrease of approximately 13.2% from 2024 to 2025, 14.7% from 2025 to 2026, 17.2% from 2026 to 2027, and 20.1% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is a decline of approximately 15.3% per year.
Future trends to watch for include:
- Potential impacts of policy changes on import and re-import procedures.
- Fluctuations in domestic production versus demand that could affect re-import necessity.
- Economic factors such as exchange rates and consumer preference shifts towards other legumes.
- The role of international trade relationships that could influence re-import volumes.
